0001209191-14-058219.txt : 20140916
0001209191-14-058219.hdr.sgml : 20140916
20140916174701
ACCESSION NUMBER: 0001209191-14-058219
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140912
FILED AS OF DATE: 20140916
DATE AS OF CHANGE: 20140916
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARLIN BUSINESS SERVICES CORP
CENTRAL INDEX KEY: 0001260968
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 383686388
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 FELLOWSHIP ROAD
CITY: MT. LAUREL
STATE: NJ
ZIP: 08054
BUSINESS PHONE: 8884799111
MAIL ADDRESS:
STREET 1: 300 FELLOWSHIP ROAD
CITY: MT. LAUREL
STATE: NJ
ZIP: 08054
FORMER COMPANY:
FORMER CONFORMED NAME: MARLIN BUSINESS SERVICES INC
DATE OF NAME CHANGE: 20030822
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WILSON LYNNE C
CENTRAL INDEX KEY: 0001365206
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50448
FILM NUMBER: 141106266
MAIL ADDRESS:
STREET 1: MARLIN BUSINESS SERVICES CORP.
STREET 2: 300 FELLOWSHIP ROAD
CITY: MOUNT LAUREL
STATE: NJ
ZIP: 08054
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-09-12
0
0001260968
MARLIN BUSINESS SERVICES CORP
MRLN
0001365206
WILSON LYNNE C
C/O MARLIN BUSINESS SERVICES CORP.
300 FELLOWSHIP ROAD
MOUNT LAUREL
NJ
08054
0
1
0
0
Chief Financial Officer
Common Stock
2014-09-12
4
S
0
400
19.4013
D
91108
D
Option to Purchase Common Stock
12.41
2014-05-24
2017-05-24
Common Stock
3952
988
D
Option to Purchase Common Stock
12.41
2013-05-24
2017-05-24
Common Stock
3196
2208
D
Option to Purchase Common Stock
9.52
2012-03-01
2012-03-01
Common Stock
12265
12265
D
Represents average price per share.
Includes a total of 23,466 shares of restricted stock, where as of the date of this filing, the restrictions have not yet lapsed.
Date listed is the date of full vesting. Vests 25% per year beginning on the first anniversary of the date of grant.
Represents the date the options will cliff vest if certain four year diluted EPS compounded average growth rate targets are achieved.
Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by diluted EPS compounded average growth rates over a four year performance period. Depending on the diluted EPS compounded average growth rate achieved for the four year period, the number of options that vest at the end of the four year period could be 0; 1,065; 2,130; or 3,196.
Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by diluted EPS growth rates averaged over a four year performance period. Depending on the average diluted EPS growth rate achieved for the four year period, the number of shares that vest at the end of the four year period could be 0; 4,088; 8,177; or 12,265.
/s/ Edward R. Dietz
Attorney-in-fact
2014-09-16